Ripple Labs Notches Landmark Win In SEC Case Over XRP Cryptocurrency
In a significant breakthrough, Ripple won a longstanding dispute with the SEC, with a US judge ruling that Ripple didn't breach federal securities law by trading its XRP token on public platforms. However, the SEC claimed a small victory, as Ripple's XRP sales to institutional investors were considered unregistered security sales. Ripple's CEO deemed the ruling to be a considerable win for the broader industry. The ruling sparked a wave of green in the crypto market, with crypto prices rocketing up.
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Ripple Labs Notches Landmark Win In SEC Case Over XRP Cryptocurrency
In a significant breakthrough, Ripple won a longstanding dispute with the SEC, with a US judge ruling that Ripple didn't breach federal securities law by trading its XRP token on public platforms. However, the SEC claimed a small victory, as Ripple's XRP sales to institutional investors were considered unregistered security sales. Ripple's CEO deemed the ruling to be a considerable win for the broader industry. The ruling sparked a wave of green in the crypto market, with crypto prices rocketing up.